https://www.taxtmi.com/caselaws?id=209708 The High Court ruled in favor of the revenue, emphasizing that the Tribunal's misinterpretation of the Cenvat credit reversal and failure to consider the department's role led to an erroneous decision. The judgment clarified the conditions for penalty imposition under Section 11AC and directed the department to proceed accordingly based on the findings of the Adjudication Officer and the Appellate Authority. en-us Mon, 12 Sep 2011 00:00:00 +0530 Sat, 07 Dec 2013 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209708 The High Court ruled in favor of the revenue, emphasizing that the Tribunal's misinterpretation of the Cenvat credit reversal and failure to consider the department's role led to an erroneous decision. The judgment clarified the conditions for penalty imposition under Section 11AC and directed the department to proceed accordingly based on the findings of the Adjudication Officer and the Appellate Authority. Case-Laws Central Excise Mon, 12 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209708